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Energy

  • Exclusive: ‘Time is ticking’ to get businesses support in place for November

    October 10, 2022

    The Government needs to provide more clarity to suppliers to ensure businesses on flexible contracts have enough support this winter.

  • Government to push through revenue caps for renewable generators

    October 9, 2022

    The Government will go full steam ahead with its plans to cap revenues renewable electricity generators can make.

  • Octopus edges toward Bulb takeover as £4bn saga nears its end

    October 8, 2022

    Octopus is edging closer to taking over fallen rival Bulb, bringing to an end the biggest state bailout since RBS in 2008.

  • That’s Rough: Gas storage site still not open as winter crisis looms

    October 8, 2022

    The UK's largest gas storage facility is unlikely to play a huge role in the UK's scramble for supply security this winter.

  • Insolvencies spike to highest level since 2009 as energy crisis sets in

    October 7, 2022

    Total company insolvencies in the second quarter of 2022 hit their highest quarterly level since 2009 at 5,629, as firms struggle to stay afloat amid the energy crisis. According to new ONS data, although insolvencies decreased in 2020 thanks to government support packages, Creditors’ Voluntary Liquidations (CVLs) have hit a new high. CVLs are the [...]

  • Licensing round launched for new North Sea oil and gas projects

    October 7, 2022

    The latest licensing round for oil and gas projects has been launched, paving the way for new developments in the North Sea.

  • Sweden confirms detonation caused ruptures across Nord Stream pipeline

    October 6, 2022

    Sweden's investigation of the Nord Stream pipelines have bolstered suspicions of "gross sabotage" involving detonations.

  • It will (probably) be alright: National Grid says winter blackouts are ‘unlikely’

    October 6, 2022

    The UK should avoid blackouts this winter, according to the National Grid, with sufficient supplies available to meet Brits' energy needs.

  • Exclusive: Manufacturing sector lacks clear data for net zero drive

    October 6, 2022

    A lack of shared reporting standards for carbon emissions across industry could jeopardise the UK’s net zero ambitions.

  • UK likely to avoid blackouts this winter with LNG boost, says National Grid

    October 6, 2022

    The UK should have sufficient gas supplies to meet its energy needs this winter, revealed the National Grid, despite fears over blackouts.

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